A NEW supermarket petrol price war began today after Asda and Tesco sliced 2p off the price of a litre of fuel.
Asda was the first to announce a cut, saying that from today motorists would pay no more than 126.7p a litre for petrol and 133.7p a litre for diesel.
It added that its diesel would now fall to its lowest price since July 2012.
Asda’s petrol trading director, Andy Peake, said: “With the latest price cut we’re now seeing the lowest price on diesel since July 2012.
“We’ve quickly passed on the latest reductions in costs which is great news for motorists, particularly with household budgets so stretched after Christmas”.
AA president Edmund King said: “Fuel price reductions at the pumps will bring a sigh of relief to many drivers who are struggling to make ends meet after bigger than normal financial outgoings during the festive period. We hope that other supermarkets and fuel retailers follow this lead to cut their prices.”